Post Utme Ui 2019 Economics Question 18
Practice objective / multiple choice question 18 from the 2019 Post Utme Ui Economics examination.
A government imposes a tax of ₦10 on every unit of a product. The demand for the product is given by the equation Qd = 100 - 2P, where Qd is the quantity demanded and P is the price. The supply of the product is given by the equation Qs = 2P - 100, where Qs is the quantity supplied. Find the new equilibrium price and quantity.
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About This Question
This is Post Utme Ui 2019 Economics Question 18. It is one of the objective questions from the 2019 Post Utme Ui Economics examination.
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